Lindsay Australia Limited · ASX:LAU
Lindsay Australia — Shareholder Meeting (November 2024)
19 slides from Lindsay Australia's shareholder meeting presentation, Nov 8, 2024
Slide 1: 2024 AGM Presentation
ASX ANNOUNCEMENT LINDSAY AUSTRALIA LIMITED (ASX: LAU) 8 November 2024 ASX Market Announcements Office 20 Bridge Street Sydney NSW, 2000 2024 AGM Presentation Attached are the CEO Address and AGM presentation slides. Release authorised by Clayton McDonald CEO and Broderick Jones, Company Secretary. -
Slide 2: CEO Address
Good Morning everyone, and welcome to those joining us in person and on the call. Lindsay Australia performed solidly over the past year, with operations delivering increased revenue and earnings before interest, tax and depreciation, exceeding the FY23 record year whilst improving key balance sheet
Slide 3: CEO Address: strategy and safety
Across the Hunters business, we have retained all key management since the acquisition, and the business remains well placed to benefit from improved market conditions going forward. The Lindsay business model is unique and faces two large and growing markets – The horticultural sector of the agricu
Slide 4: CEO Address: outlook
After four months of FY25 trading, we are experiencing a gradual improvement in horticultural market conditions in the rural and regional transport business, a lift in metro-to-metro commercial transport volumes and a slow recovery in Hunters trading conditions. In transport, horticultural volumes a
Slide 5: 2024 Annual General Meeting
Lindsay Australia Limited 2024 Annual General Meeting (ASX:LAU)
Slide 6: Welcome
Welcome Welcome to the 2024 Annual General Meeting of Lindsay Australia Limited
Slide 7: Chair Address
Chair Address Ian Williams introductory address PG 3
Slide 8: How to ask a question
How to ask a question • To ask a written question select the Q & A icon • Select the topic your question relates to from the drop-down list • Type your question in the text box and press the send button • To ask a verbal question follow the instructions below the broadcast window. PG 4
Slide 9: Proxy Results
Proxy Results Received 253 valid proxies for 40,706,561 of shares which represents 12.93% of the total shares on issue. Votes cast at this meeting will be added to the proxy votes to determine the outcome of the resolutions and final results submitted to the ASX. PG 5
Slide 10: How to vote
How to vote • When the poll is open, select the vote icon at the top of the screen • To vote, select either For, Against or Abstain • You will see a vote confirmation • To change or cancel your vote “click here to change your vote” at any time until the poll is closed PG 6
Slide 11: CEO Address
CEO Address • Operating revenue up 18.9% to $804.4m • Underlying EBITDA growth of 2.1% to $92.1m • Key highlights o Transport revenue up $52 million, including growth in blue chip customers o WB Hunter successfully integrated, diversifying operations and contributing $87m in sales off 11 months of t
Slide 12: Business Update
Business Update PG8 LINDSAY AUSTRALIA
Slide 13: Strategy Update
Strategy Update PG 9
Slide 14: Outlook
Outlook PG 10 LINDSAY AUSTRALIA
Slide 15: Items of Business
Items of Business Notice of Meeting and Explanatory Memorandum. Receive and consider the financial statements and reports of the Directors and auditors for the year ended 30 June 2024. Resolutions to consider. PG 11
Slide 16: First Resolution
First Resolution Resolution 1 – Re-election of director – Mr Matthew Stubbs To consider, and if thought fit, pass the following resolution as an ordinary resolution: ‘That Mr Matthew Stubbs who retires by rotation in accordance with rule 19.3 of the company’s constitution, and being eligible, offers
Slide 17: Second Resolution
Second Resolution Resolution 2 – Adoption of Remuneration Report To consider and, if thought fit, pass the following resolution in accordance with s250R(2) of the Corporations Act: ‘That the section of the report of the Directors in the 2024 Annual Report dealing with the remuneration of the Company
Slide 18: Chair Closing Remarks
Chair Closing Remarks Ian Williams closing remarks and thank you PG 14
Slide 19: Contact Us
CONTACT US Matthew Hefren, Head of Strategy & FP&A Ph: (07) 3240 4900 E: Matthew.Hefren@lindsayaustralia.com.au www.lindsayaustralia.com.au
Lindsay Australia — Shareholder Meeting (November 2024) on 6ix